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a) Consider a normal distribution with mean μ = 88. If 2% of the values lie below x = 50, find the standard deviation σ.
b) Consider a normal distribution with standard deviation σ = 15.6. If 10% of the values lie above x = 17.2, find the mean μ.
Concept of statistical signi cance
Calculate a 3-month moving average forecast for months 4 through 9 also Compare the two forecasts by utilizing MAD. Which forecast appears to be more accurate.
Find the critical value z that corresponds to the given confidence level of 90%.
Create a 95% confidence interval for true mean.
Fix-It Copiers advertises mean time of 100 minutes for office calls with standard deviation of 25 minutes. What percentages of calls are completed?
Compare the percentage found in b) to percentage given by Empirical Rule and Chebyshev's Rule. (Make a table 3 x 3).
College Students' Seating Choices and Motivation to Achieve.This activity is a revision of an activity found in Real Data: A Statistics Workbook Based on Empirical Data by Z. C Holcomb (1997). Published by Pyrczak Publishing.
For monthly volume of 300 tables, find out total cost, total revenue, and profit.
Using alpha = 0.05 and a computed value of +4.49, can we conclude that the percentage of claims for married policyholders is less then for single policyholders?
In a random sample of 53 concrete specimens, the average porosity (in percent) was 21.6 and the standard deviation was 3.2. a) Find a 90% confidence interval for the mean porosity of specimens of this type of concrete.
Results from survey of 1000 respondents, point out that 545 favour the dealth penalty for capital crimes. By using a90% confidence level. Create confidence interval estimate for population proportion.
Find the probability that he will answer at least 3 questions correctly.
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